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Shares Follow Dow Higher

Updated March 16, 1998 6:17 p.m. ET

BUENOS AIRES -- Share prices on the Buenos Aires Stock Exchange followed Wall Street higher on Monday, though strong gains were countered by investor caution over a slew of negative issues dogging the market.

The Merval Index of leading shares rose 1.9 points to 677.03 after climbing 4.87 on Friday, while the broad General Index settled up 155.85 to 23136.94. Advancing issues beat decliners 21 to 17, with 18 closing unchanged. Trading...